04/28/2021
Listen, if you can understand Basketball or Bad Girls Club then building passive income through just one out of many streams of income shouldn't be difficult
Stocks:
These are shares of a company that you can either use to hold long term, swing some for months to buy at a dip and sell at a high, or day trading them every day.
Dividends:
$100,000 into a portfolio of just $UWMC $ET and $OXLC can capture a dividend yield (quarterly paycheck) of about 10% every three months producing $40,000 per year if the stock doesn't move up or down. Find out what happens when the stock moves by clicking the link.
Crypto:
Basically like stocks but there isn't a 4am to 8pm business hours only on the weekdays and it is less prone to market manipulation and mainly moved by technical analysis.
Crypto Staking:
Similar to dividends, except with more growth since crypto does have more volatility then the overall stock market. You make around 16% to 30% depending on what you are staking on a coin back per year. Staking $600 on some coins a year ago would produce about $700 (and growing) on that same blockchain.
Real Estate:
Buying, selling, flipping, AirBnb, Vrbo, Title Sharing, and the list goes on and on as this way to earn passive income is the most crucial and sometimes just the best way since houses are one of the rarest asset classes since it appreciates the most, but often the slowest!
So many more we go over in this podcast so join the journey!
Your guide to building several streams of income! Here we will go over how to understand the stock market from day trades, swing trades, short term and long term positions. Also going over what are catalysts that can effect the stock market and exactly defining a share and a stock. We will also go